Macro ICT Indicator for MetaTrader 5 Download - Free - [TradingFinder]

The Macro ICT (Macro ICT) indicator is a powerful and advanced tool for traders seeking to identify accumulation and expansion zones in financial markets. This indicator automatically shows key market structure changes to traders using macroeconomic analysis techniques at specific times of the day; these factors include economic policies, interest rates, inflation, and global events that can influence market trends.

Indicator Specifications

Macro ICT in an Uptrend

In the 5-minute USD/CHF currency pair chart, the indicator marks macro zones and represents the "Expansion" macro in turquoise and the "Manipulation" macro in blue. After a Change of Character (CHoCH) and a breakout, the price continues upward, creating a buying opportunity for traders.

Macro ICT in a Downtrend

As shown in the image, on the 5-minute chart of Bitcoin, the price undergoes a Change of Character (CHoCH) during the expansion macro and causes a price decline. Traders can place their stop loss ahead of these zones with the necessary confirmations and confidently enter a sell trade.

Indicator Settings

• Color theme chart and object: Chart color display;
• Let London Macro 1 be on the chart: London Macro 1 on the chart;
• London Macro 1: London Macro 1 time 02:33-03:00;
• Let London Macro 2 be on the chart: London Macro 2 on the chart;
• London macro 2: 04:03-04:30;
• Let New York Macro 1 be on the chart: New York Macro 1 on the chart;
• New York macro 1: 08:50-09:10;
• Let New York Macro 2 be on the chart: New York Macro 2 on the chart;
• New York macro 2: 09:50-10:10;
• Let New York Macro 3 be on the chart: New York Macro 3 on the chart;
• New York macro 3: 10:50-11:10;
• Let New York Macro 4 be on the chart: New York Macro 4 on the chart;
• New York macro 4: 11:50-12:10;
• Let New York Macro 5 be on the chart: New York Macro 5 on the chart;
• New York macro 5: 13:10-13:40;
• Days to look back: Number of past days displayed (default setting is 3 days);
• Show the text: Macro type text;
• Backtest time difference: Time difference in backtesting (default 7200).

Conclusion

The Macro ICT (Macro ICT) indicator is a powerful tool for identifying accumulation and expansion zones in financial markets. This indicator helps analysts recognize macro market changes in short time frames.

With flexible settings, Macro ICT provides better trading opportunities. This tool assists scalping traders in making more confident decisions.